TER 3.13% 16.5¢ terracom limited

Ann: Dividend Declaration, page-674

  1. 4,819 Posts.
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    Key listed Adani companies have “substantial debt”, and some have pledged shares of their stock for loans. Five of seven key listed companies have reported “current ratios” below 1, indicating near-term liquidity pressure.The Adani Group uses a web of firms in tax havens to inflate revenue and stock prices and also provide cushioning to capital balances in order to make listed entities appear more creditworthy.Offshore shells and funds tied to the Adani Group comprise many of the largest “public”, non-promoter holders of Adani stock.The group had “virtually non-existent financial controls” and listed Adani businesses have seen sustained turnover in the role of the chief financial officer (CFO) — including its flagship company, Adani Enterprises, which has had five CFOs over eight years, a red flag for accounting issues.

    NO NOT TER. They are just fine mate not debut and and have cash in bank and coal to sell.

    who is in trouble and going down? Adani


 
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